Photo: CharlusIngus at English Wikipedia · Public domain73 homes sold in Gales Ferry in the last year, at a typical $402K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gales Ferry homes are listed.
Every place Gales Ferry homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gales Ferry.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Gales Ferry’s sales, at a typical $422K (year to May 2026)
73 homes sold in the year to September 2026.
typical sale · 71 sold in the year to May 2026
- Per square foot
- $216CT $273
- Days to sell
- 26
- Sold over asking
- 68%
- Listings with a price cut
- 24%
Multi-family (2–4 units): 1 sold, typical $400K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
73 sales in the last year, against 103 in 2022 and a low of 48 in 2013. The typical sale went from $208K in 2016 to $402K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $400K buys in Gales Ferry
Check a listing against what Gales Ferry homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gales Ferry are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Gales Ferry’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 73 sales.
If you’re buying in Gales Ferry
- Shop in May. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
- Bid near asking. Buyers paid 101.7% of the list price on average; 67% paid over.
- Move fast on good ones. 61% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 11 a month), but August is the most competitive: 47% of August sales close over asking. February has the least competition (22%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Connecticut
| Gales Ferry now | 2017–19 | 2021 peak | CT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 67% | 26% | 55% | 53% |
| Gone within two weeksShare of homes under contract within 14 days | 61% | 10% | 63% | 46% |
| Price paid vs. askingAverage sale price ÷ list price | 101.7% | 97.8% | 101.8% | 101.9% |
| Days to sellMedian days from listing to contract | 34 | 68 | 43 | 41 |
8 homes for sale on a typical day
That’s 1.2 times the 2025 low (7), 72% fewer than in 2017–19 and well under 2012’s 41.
Gales Ferry ranks 15th of 78 busy Connecticut markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gales Ferry is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gales Ferry home costs about $2,732 a month
Price: Gales Ferry’s typical sale, last 12 months. Property tax at Gales Ferry’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gales Ferry is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $402K home, about $7,620 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Gales Ferry.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
New London sells for less a square foot
The busier markets within 25 miles of Gales Ferry, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New London | 184 | $348K | $206 | 50% | 43 |
| Waterford | 91 | $409K | $273 | 59% | 31 |
| Groton | 77 | $355K | $250 | 47% | 35 |
| Gales Ferry | 73 | $402K | $221 | 67% | 34 |
| Old Mystic | 48 | $436K | $272 | 49% | 32 |
| Oxoboxo River | 40 | $330K | $230 | 65% | 47 |
| Conning Towers-Nautilus Park | 24 | $416K | $225 | 40% | 44 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gales Ferry, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gales Ferry. People who follow the town see it, and so do people comparing Gales Ferry with their own town. No commission, no listing fee.
Questions about buying a home in Gales Ferry
What do homes sell for in Gales Ferry, CT?
73 homes sold in the year to September 2026 at a typical $402K, $221 a square foot.
Is Gales Ferry a buyer’s or seller’s market?
A seller’s market: 12 homes were for sale in September 2026 and 8 sold, about 1.5 months of supply. Buyers paid 101.7% of asking on average.
When is the best time to buy in Gales Ferry?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gales Ferry?
About 1.9% of a home’s value a year. On a $402K home that’s near $7,620.
Where can I see homes for sale in Gales Ferry?
Zillow, Redfin, Realtor.com and Homes.com all carry Gales Ferry’s MLS listings; the search links above open each one filtered to Gales Ferry.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).